Pan-African Payment and Settlement System (PAPSS)

3 results about this entity

Period: 06 Mar 2025 - 07 Jul 2025

/payments

Pan-African Payment and Settlement System and Interstellar unveil African currency marketplace

Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration with Interstellar, a leading African deep-tech company, have announced the launch of the PAPSS African Currency Marketplace (PACM).

/payments

Pan-African card scheme launches

The first Pan-African card scheme has launched in a move designed to bolster the continent's financial sovereignty.

/payments

Pan-African Payment and Settlement System goes live

The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has recorded a significant milestone in its journey towards enhancing financial integration and economic prosperity across Africa with the official launch of the platform by KCB Group in Kenya and Bank of Kigali in Rwanda.